euro adhoc: Telekom Austria AG / Board of Directors (Appointments and Changes) / Boris Nemsic Resigns as Chief Executive Officer of the Telekom Austria Group (Ad-hoc)

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Disclosure announcement transmitted by euro adhoc. The issuer is responsible
for the content of this announcement.
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C.E.O. Interviews

02.03.2009

Vienna, March 2, 2009: The Telekom Austria Group (VSE: TKA, OTC US:
TKAGY) today announced that Boris Nemsic will resign as Chief
Executive Officer of the Telekom Austria Group and Chief Executive
Officer of mobilkom austria AG as of March 31, 2009 to take on the
position of Chief Executive Officer of VimpelCom in Russia.

Boris Nemsic, who has been Chief Executive Officer of the Telekom
Austria Group since 2006 has informed the chairing committee of the
supervisory board of his resignation as of March 31, 2009.

"Today the Telekom Austria Group is a well-positioned and strong
player on the telecommunication markets in Eastern- and Southeastern
Europe with a sound basis in its domestic mobile and fixed net
business. The Telekom Austria Group has strong management teams in
all its operations and I am proud that the company is uniquely
positioned to shape the future to the benefits of all stakeholders",
comments Nemsic on the performance of the Group.

"We have accepted the resignation of Boris Nemsic with regret. Under
his leadership the Telekom Austria Group has become a major player
both in Austria and abroad. We have trust in the management board
that it will continue to execute the strategy without interruption.
The supervisory board will convene in due course to take on its
responsibility to designate a successor", states Peter Michaelis,
Head of the supervisory board of the Telekom Austria Group.

end of announcement euro adhoc
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ots Originaltext: Telekom Austria AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Peter E. Zydek

Head of Investor Relations

Tel.: +43 (0) 59059 1-19000

mailto:peter.zydek@telekom.at

Elisabeth Mattes

Telekom Austria Group's Spokeswoman

Tel.: +43 (0) 664 331 2730

mailto: elisabeth.mattes@telekom.at

Branche: Telecommunications Equipment
ISIN: AT0000720008
WKN: 555750
Index: WBI, ATX Prime, ATX
Börsen: Wiener Börse AG / official dealing